What should be the most important issue in this election is one that is rarely, if ever, addressed: Why is U.S. military spending at the highest point, in inflation-adjusted dollars, than at any other time since the end of World War II? Why, without a sophisticated military opponent in sight, is the United States spending trillions of dollars on the development of high-tech weapons systems that lost their purpose with the collapse of the Soviet Union two decades ago?
The 2009 defense budget commits the United States to spending more (again, in real dollars) to defeat a ragtag band of terrorists than it spent at the height of the Cold War fighting the Soviet superpower and what we alleged were its surrogates in the Korean and Vietnam wars. The Pentagon's budget for fiscal year 2008 set a post-World War II record at $625 billion, and that does not include more than $100 billion in other federal budget expenditures for homeland security, nuclear weapons and so-called black budget - or covert - operations.
And what are we spending all this money on? We are talking high-tech war toys designed to fight a Cold War enemy that no longer exists, including the F-35 Joint Strike Fighter program, with its estimated total price tag of $300 billion, and Virginia-class submarines at $2.5 billion each. Who cares that the terrorists lack submarines for the Navy to battle deep in the ocean, for which the Virginia-class submarine was designed?
Then there are the F-22 Raptor jet fighters that no longer fill a credible military purpose but will take $65 billion out of taxpayers' pockets. The Raptor includes stealth technology and elaborate electronics designed to counter threatened leaps in Soviet war-fighting capability. In 2005, Lawrence J. Korb, an assistant secretary of defense in the Reagan administration, called the Raptor "the most unnecessary weapon system being built by the Pentagon."
Since President Bush's first year in office, according to the Government Accountability Office, the Defense Department has doubled its future planned investment in those ultra-pricey weapons from $790 billion to $1.6 trillion.
When pressed on why the massive weapons arsenal we already possess, which was credited with intimidating the Soviet Union into surrender, isn't sufficient to keep the peace in a suddenly unipolar world, defense hawks sometimes cite what they claim is an emerging threat from China. But China is not even a serious regional power, as the Pentagon's 2007 report to Congress makes clear: "The intelligence community estimates China will take until the end of this decade or later to produce a modern force capable of defeating a moderate-size adversary."